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Scotts Miracle-Gro Company (SMG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

SMG Stock Forecast

Scotts Miracle-Gro Company stock forecast is as follows: an average price target of $81.00 (represents a 18.21% upside from SMG’s last price of $68.52) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.

SMG Price Target

The average price target for Scotts Miracle-Gro Company (SMG) is $81.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $72.00. This represents a potential 18.21% upside from SMG's last price of $68.52.

SMG Analyst Ratings

Hold

According to 6 Wall Street analysts, Scotts Miracle-Gro Company's rating consensus is 'Hold'. The analyst rating breakdown for SMG stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Scotts Miracle-Gro Company Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Jonathan MatuszewskiJefferies$72.00$75.47-4.60%5.08%
Oct 16, 2024Bill ChappellTruist Financial$90.00$90.80-0.88%31.35%
Apr 05, 2024Bill ChappellTruist Financial$75.00$74.061.27%9.46%
Oct 17, 2023Joseph AltobelloRaymond James$70.00$49.9440.17%2.16%
Oct 17, 2023Michael SisonWells Fargo$59.00$49.9418.14%-13.89%
Jul 17, 2023Jeffrey ZekauskasJ.P. Morgan$80.00$67.2119.03%16.75%
Jul 13, 2023Andrew CarterStifel Nicolaus$72.00$70.172.61%5.08%
Feb 16, 2023Chris CareyWells Fargo$100.00$82.4721.26%45.94%
Feb 02, 2023Truist Financial$70.00$83.92-16.59%2.16%
Feb 02, 2023Wells Fargo$75.00$80.52-6.86%9.46%
Jun 20, 2022Chris CareyWells Fargo$115.00$76.6949.95%67.83%
Apr 21, 2022Barclays$110.00$117.51-6.39%60.54%

The latest Scotts Miracle-Gro Company stock forecast, released on Dec 09, 2024 by Jonathan Matuszewski from Jefferies, set a price target of $72.00, which represents a -4.60% decrease from the stock price at the time of the forecast ($75.47), and a 5.08% increase from SMG last price ($68.52).

Scotts Miracle-Gro Company Price Target by Period

1M3M12M
# Anlaysts123
Avg Price Target$72.00$81.00$79.00
Last Closing Price$68.52$68.52$68.52
Upside/Downside5.08%18.21%15.29%

In the current month, the average price target of Scotts Miracle-Gro Company stock is $72.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 5.08% increase as opposed to Scotts Miracle-Gro Company's last price of $68.52. This month's average price target is down -11.11% compared to last quarter, and down -8.86% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024JefferiesHoldInitialise
Jul 18, 2024Raymond JamesStrong BuyMarket PerformDowngrade
Apr 05, 2024CitigroupOverweightOverweightHold
Oct 30, 2023BarclaysEqual-WeightEqual-WeightHold
Oct 17, 2023Raymond JamesStrong BuyStrong BuyHold
Jul 31, 2023BarclaysOverweightEqual-WeightDowngrade
Jul 17, 2023BarclaysOverweightOverweightHold
Jul 11, 2023Evercore ISIUnderperformDowngrade
Feb 16, 2023Wells FargoEqual-WeightOverweightUpgrade
Feb 02, 2023Raymond JamesStrong BuyStrong BuyHold
Jan 31, 2023Wells FargoEqual-WeightEqual-WeightHold
Nov 08, 2022BarclaysOverweightUpgrade
Jun 22, 2022Wells FargoOverweightOverweightDowngrade
Jun 20, 2022Wells FargoOverweightOverweightHold
Apr 26, 2022Zacks Investment ResearchHoldUpgrade

Scotts Miracle-Gro Company's last stock rating was published by Jefferies on Dec 09, 2024. The company Initialise its SMG rating from "null" to "Hold".

Scotts Miracle-Gro Company Financial Forecast

Scotts Miracle-Gro Company Revenue Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
Revenue---------------$410.40M$374.50M$1.12B$1.53B$526.60M$493.60M$1.19B$1.68B$748.60M$737.80M$1.61B$1.83B-$890.30M$1.49B
Avg Forecast$440.11M$1.27B$1.59B$404.12M$430.36M$1.25B$1.56B$399.06M$413.58M$1.22B$1.53B$392.34M$399.64M$1.20B$1.50B$412.83M$332.16M$1.15B$1.61B$502.44M$519.88M$1.23B$1.66B$561.18M$680.78M$1.50B$1.69B$594.98M$886.18M$1.31B
High Forecast$453.20M$1.31B$1.64B$416.14M$443.16M$1.29B$1.61B$410.93M$425.88M$1.25B$1.57B$415.25M$399.64M$1.23B$1.50B$476.39M$346.55M$1.19B$1.66B$517.39M$519.88M$1.23B$1.66B$561.18M$680.78M$1.50B$1.69B$594.98M$886.18M$1.31B
Low Forecast$425.27M$1.23B$1.54B$390.48M$415.84M$1.21B$1.51B$385.60M$399.63M$1.18B$1.50B$368.98M$399.64M$1.16B$1.50B$376.17M$311.37M$1.11B$1.56B$485.49M$519.88M$1.23B$1.66B$561.18M$680.78M$1.50B$1.69B$594.98M$886.18M$1.31B
# Analysts333334545277333676322223345576
Surprise %---------------0.99%1.13%0.97%0.95%1.05%0.95%0.97%1.01%1.33%1.08%1.07%1.08%-1.00%1.14%

Scotts Miracle-Gro Company's average Quarter revenue forecast for Mar 24 based on 3 analysts is $1.50B, with a low forecast of $1.50B, and a high forecast of $1.50B. SMG's average Quarter revenue forecast represents a 264.79% increase compared to the company's last Quarter revenue of $410.40M (Dec 23).

Scotts Miracle-Gro Company EBITDA Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts333334545277333676322223345576
EBITDA---------------$-58.40M$-250.10M$100.80M$219.90M$-43.10M$-203.80M$112.70M$383.40M$71.50M$-16.90M$344.40M$445.80M-$47.90M$308.00M
Avg Forecast$23.45M$67.71M$84.92M$21.53M$22.93M$66.66M$83.10M$21.26M$22.03M$64.79M$81.36M$20.90M$21.29M$63.81M$442.15M$21.99M$17.69M$61.35M$401.95M$-11.89M$73.35M$173.28M$365.41M$79.17M$96.05M$211.38M$427.70M$83.94M$125.03M$184.18M
High Forecast$24.14M$69.73M$87.44M$22.17M$23.61M$68.64M$85.57M$21.89M$22.69M$66.72M$83.50M$22.12M$21.29M$65.70M$530.58M$25.38M$18.46M$63.18M$482.34M$-9.51M$73.35M$173.28M$438.49M$79.17M$96.05M$211.38M$513.25M$83.94M$125.03M$184.18M
Low Forecast$22.65M$65.43M$82.05M$20.80M$22.15M$64.41M$80.29M$20.54M$21.29M$62.61M$79.75M$19.66M$21.29M$61.65M$353.72M$20.04M$16.59M$59.28M$321.56M$-14.26M$73.35M$173.28M$292.33M$79.17M$96.05M$211.38M$342.16M$83.94M$125.03M$184.18M
Surprise %----------------2.66%-14.13%1.64%0.55%3.63%-2.78%0.65%1.05%0.90%-0.18%1.63%1.04%-0.38%1.67%

7 analysts predict SMG's average Quarter EBITDA for Sep 23 to be $17.69M, with a high of $18.46M and a low of $16.59M. This is -82.45% lower than Scotts Miracle-Gro Company's previous annual EBITDA (Jun 23) of $100.80M.

Scotts Miracle-Gro Company Net Income Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts333334545277333676322223345576
Net Income---------------$-80.50M$-468.40M$43.70M$109.40M$-64.70M$-220.10M$-443.90M$276.50M$24.40M$-47.90M$225.90M$310.00M-$3.90M$202.80M
Avg Forecast$-90.14M$151.58M$259.30M$-57.74M$-93.52M$146.88M$241.34M$-63.28M$-97.37M$131.92M$222.90M$-70.52M$-111.73M$109.30M$320.54M$-83.56M$-164.08M$82.96M$291.40M$-37.14M$-115.11M$100.68M$264.91M$-42.52M$-50.17M$203.94M$297.42M$-44.37M$5.51M$195.65M
High Forecast$-86.18M$157.44M$269.33M$-55.21M$-89.42M$152.55M$250.67M$-60.50M$-93.10M$137.02M$232.54M$-66.67M$-106.83M$109.30M$384.64M$-64.74M$-143.07M$86.17M$349.68M$-29.72M$-115.11M$100.68M$317.89M$-42.52M$-50.17M$203.94M$356.90M$-44.37M$5.51M$195.65M
Low Forecast$-93.62M$144.93M$247.93M$-59.97M$-97.14M$140.43M$230.76M$-65.72M$-101.13M$126.13M$212.69M$-74.93M$-116.05M$109.30M$256.43M$-107.35M$-172.03M$79.32M$233.12M$-44.57M$-115.11M$100.68M$211.93M$-42.52M$-50.17M$203.94M$237.93M$-44.37M$5.51M$195.65M
Surprise %---------------0.96%2.85%0.53%0.38%1.74%1.91%-4.41%1.04%-0.57%0.95%1.11%1.04%-0.71%1.04%

Scotts Miracle-Gro Company's average Quarter net income forecast for Sep 23 is $-164.08M, with a range of $-172.03M to $-143.07M. SMG's average Quarter net income forecast represents a -475.46% decrease compared to the company's last Quarter net income of $43.70M (Jun 23).

Scotts Miracle-Gro Company SG&A Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts333334545277333676322223345576
SG&A---------------$102.90M$108.00M$128.50M$186.30M$128.50M$118.40M$135.80M$204.70M$139.10M$140.50M$175.40M$213.90M-$184.60M$220.90M
Avg Forecast$70.70M$204.18M$256.06M$64.92M$69.13M$201.00M$250.57M$64.10M$66.44M$195.37M$245.32M$63.02M$64.20M$192.40M$233.09M$66.32M$53.36M$185.01M$211.90M$99.69M$86.96M$205.45M$192.63M$93.87M$113.88M$250.62M$205.22M$99.52M$148.23M$218.37M
High Forecast$72.80M$210.25M$263.68M$66.85M$71.19M$206.98M$258.02M$66.01M$68.41M$201.18M$251.78M$66.70M$64.20M$198.12M$279.70M$76.53M$55.67M$190.51M$254.28M$119.63M$86.96M$205.45M$231.16M$93.87M$113.88M$250.62M$246.26M$99.52M$148.23M$218.37M
Low Forecast$68.31M$197.29M$247.42M$62.73M$66.80M$194.22M$242.12M$61.94M$64.19M$188.78M$240.48M$59.27M$64.20M$185.91M$186.47M$60.43M$50.02M$178.76M$169.52M$79.76M$86.96M$205.45M$154.11M$93.87M$113.88M$250.62M$164.17M$99.52M$148.23M$218.37M
Surprise %---------------1.55%2.02%0.69%0.88%1.29%1.36%0.66%1.06%1.48%1.23%0.70%1.04%-1.25%1.01%

Scotts Miracle-Gro Company's average Quarter SG&A projection for Mar 24 is $233.09M, based on 3 Wall Street analysts, with a range of $186.47M to $279.70M. The forecast indicates a 126.52% rise compared to SMG last annual SG&A of $102.90M (Dec 23).

Scotts Miracle-Gro Company EPS Forecast

Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20
# Analysts333334545277333676322223345576
EPS---------------$-1.42$-8.33$0.78$1.95$-1.17$-3.97$-8.01$4.98$0.44$-0.86$4.05$5.57-$0.07$3.65
Avg Forecast$-1.58$2.66$4.56$-1.01$-1.64$2.58$4.24$-1.11$-1.71$2.32$3.92$-1.24$-1.96$1.92$3.44$-1.47$-2.88$1.46$3.47$-1.34$-1.98$1.74$4.75$-0.73$-0.87$3.52$5.48$-0.77$0.10$3.37
High Forecast$-1.51$2.77$4.73$-0.97$-1.57$2.68$4.41$-1.06$-1.64$2.41$4.09$-1.17$-1.88$1.92$3.44$-1.14$-2.51$1.51$3.60$-1.28$-1.98$1.74$4.75$-0.73$-0.87$3.52$5.48$-0.77$0.10$3.37
Low Forecast$-1.65$2.55$4.36$-1.05$-1.71$2.47$4.06$-1.16$-1.78$2.22$3.74$-1.32$-2.04$1.92$3.44$-1.89$-3.02$1.39$3.31$-1.40$-1.98$1.74$4.75$-0.73$-0.87$3.52$5.48$-0.77$0.10$3.37
Surprise %---------------0.97%2.89%0.53%0.56%0.87%2.00%-4.61%1.05%-0.60%0.99%1.15%1.02%-0.74%1.08%

According to 7 Wall Street analysts, Scotts Miracle-Gro Company's projected average Quarter EPS for Sep 23 is $-2.88, with a low estimate of $-3.02 and a high estimate of $-2.51. This represents a -469.69% decrease compared to SMG previous annual EPS of $0.78 (Jun 23).

Scotts Miracle-Gro Company Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AVDAmerican Vanguard$4.59$20.00335.73%Buy
ICLICL Group$4.97$7.0742.25%Hold
FMCFMC$51.70$69.5034.43%Buy
MOSMosaic Company$25.44$34.1734.32%Buy
IPIIntrepid Potash$23.82$31.5032.24%Hold
NTRNutrien$46.38$57.7124.43%Buy
CTVACorteva$58.57$66.8014.05%Buy
SMGScotts Miracle-Gro Company$72.40$81.0011.88%Hold
CFCF Industries$86.68$87.000.37%Buy

SMG Forecast FAQ

Is Scotts Miracle-Gro Company a good buy?

No, according to 6 Wall Street analysts, Scotts Miracle-Gro Company (SMG) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 33.33% of SMG's total ratings.

What is SMG's price target?

Scotts Miracle-Gro Company (SMG) average price target is $81 with a range of $72 to $90, implying a 18.21% from its last price of $68.52. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Scotts Miracle-Gro Company stock go up soon?

According to Wall Street analysts' prediction for SMG stock, the company can go up by 18.21% (from the last price of $68.52 to the average price target of $81), up by 31.35% based on the highest stock price target, and up by 5.08% based on the lowest stock price target.

Can Scotts Miracle-Gro Company stock reach $100?

SMG's average twelve months analyst stock price target of $81 does not support the claim that Scotts Miracle-Gro Company can reach $100 in the near future.

What is Scotts Miracle-Gro Company's current price target trend?

1 Wall Street analyst forecast a $72 price target for Scotts Miracle-Gro Company (SMG) this month, up 5.08% from its last price of $68.52. Compared to the last 3 and 12 months, the average price target increased by 18.21% and increased by 15.29%, respectively.

What are Scotts Miracle-Gro Company's analysts' financial forecasts?

Scotts Miracle-Gro Company's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $3.64B (high $3.75B, low $3.52B), average EBITDA is $193.94M (high $199.71M, low $187.4M), average net income is $231.42M (high $253.3M, low $208.33M), average SG&A $584.81M (high $602.2M, low $565.08M), and average EPS is $4.07 (high $4.45, low $3.66). SMG's analysts financial forecasts for the fiscal year (Sep 2027) are as follows: average revenue is $3.71B (high $3.82B, low $3.58B), average EBITDA is $197.6M (high $203.48M, low $190.94M), average net income is $263.01M (high $285.38M, low $239.27M), average SG&A $595.85M (high $613.57M, low $575.75M), and average EPS is $4.62 (high $5.02, low $4.21).

Did the SMG's actual financial results beat the analysts' financial forecasts?

Based on Scotts Miracle-Gro Company's last annual report (Sep 2023), the company's revenue was $3.55B, which missed the average analysts forecast of $3.6B by -1.33%. Apple's EBITDA was $97.8M, missing the average prediction of $469.11M by -79.15%. The company's net income was $-380M, missing the average estimation of $173.13M by -319.54%. Apple's SG&A was $551.3M, beating the average forecast of $549.95M by 0.24%. Lastly, the company's EPS was $-6.76, missing the average prediction of $0.696 by -1070.68%. In terms of the last quarterly report (Dec 2023), Scotts Miracle-Gro Company's revenue was $410.4M, missing the average analysts' forecast of $412.83M by -0.59%. The company's EBITDA was $-58.4M, missing the average prediction of $21.99M by -365.55%. Scotts Miracle-Gro Company's net income was $-80.5M, missing the average estimation of $-83.558M by -3.66%. The company's SG&A was $102.9M, beating the average forecast of $66.32M by 55.17%. Lastly, the company's EPS was $-1.42, missing the average prediction of $-1.468 by -3.30%